SunSirs: Average Demand, the price of Potassium Sulfate Was Weaker
June 27 2023 14:56:26 SunSirs (John)
Price trend
According to the monitoring of the commodity market analysis system of SunSirs, the price of 50% potassium sulfate at the beginning of this month was 3,500 RMB/ton, and the price of 50% Potassium sulfate at the end of this month was 3,300 RMB/ton, down 5.71%.
Analysis review
Potassium sulfate price reference: enterprises in Shandong and Hebei: 52% powdered potassium sulfate factory price reference 3,200-3,300 RMB/ton, 50% mainstream factory price reference 3,100-3,160 RMB/ton. Northeast enterprises: the ex factory quotation of 52% powdered potassium sulfate was 3,000-3,080 RMB/ton.
In June, the domestic market demand for potassium sulfate was general, and the price continued the previous level. The shipment of Mannheim potassium sulfate in some regions was relatively smooth, and the production and marketing balance was basically maintained. However, the demand in the southern market was still not strong, and the shipment was slightly difficult. As of 26th, the operating rate of the main downstream compound fertilizer plants was low, and the summer market was basically over. The purchase of follow-up raw materials is relatively cautious, based on demand.
Market outlook
The domestic potassium fertilizer market had light trading volume and lacked positive support. It is expected that the market price may be dominated by a weak consolidation trend.
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- 2024-05-07 SunSirs: Supply Was Adequate and the Price of Potassium Sulfate Declined
- 2024-04-22 SunSirs: Adequate Supply Led to a Decline in the Price of Potassium Sulfate
- 2024-04-16 SunSirs: The Spring Market for Compound Fertilizers Was Nearing Its End, with Prices Slightly Decreasing
- 2024-04-15 SunSirs: Adequate Supply of Goods, the Price of Potassium Sulfate Declined
- 2024-04-02 SunSirs: Affected by Costs, the Price of Potassium Sulfate Had Fallen
